Mahalaxmi Rubtech Limited

NSEI:MHLXMIRU Stock Report

Market Cap: ₹1.6b

Mahalaxmi Rubtech Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rahul Parekh

Chief executive officer

₹2.4m

Total compensation

CEO salary percentage98.7%
CEO tenure22.3yrs
CEO ownership17.9%
Management average tenureno data
Board average tenure12.3yrs

Recent management updates

Recent updates

Sentiment Still Eluding Mahalaxmi Rubtech Limited (NSE:MHLXMIRU)

Aug 15
Sentiment Still Eluding Mahalaxmi Rubtech Limited (NSE:MHLXMIRU)

Mahalaxmi Rubtech Limited (NSE:MHLXMIRU) Looks Just Right With A 32% Price Jump

Dec 22
Mahalaxmi Rubtech Limited (NSE:MHLXMIRU) Looks Just Right With A 32% Price Jump

The Return Trends At Mahalaxmi Rubtech (NSE:MHLXMIRU) Look Promising

Oct 04
The Return Trends At Mahalaxmi Rubtech (NSE:MHLXMIRU) Look Promising

Mahalaxmi Rubtech (NSE:MHLXMIRU) Is Looking To Continue Growing Its Returns On Capital

Jun 24
Mahalaxmi Rubtech (NSE:MHLXMIRU) Is Looking To Continue Growing Its Returns On Capital

Mahalaxmi Rubtech's (NSE:MHLXMIRU) Profits Appear To Have Quality Issues

Nov 22
Mahalaxmi Rubtech's (NSE:MHLXMIRU) Profits Appear To Have Quality Issues

Why Investors Shouldn't Be Surprised By Mahalaxmi Rubtech Limited's (NSE:MHLXMIRU) Low P/E

Feb 07
Why Investors Shouldn't Be Surprised By Mahalaxmi Rubtech Limited's (NSE:MHLXMIRU) Low P/E

CEO Compensation Analysis

How has Rahul Parekh's remuneration changed compared to Mahalaxmi Rubtech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹126m

Jun 30 2024n/an/a

₹127m

Mar 31 2024₹2m₹2m

₹110m

Dec 31 2023n/an/a

₹91m

Sep 30 2023n/an/a

₹90m

Jun 30 2023n/an/a

₹80m

Mar 31 2023₹2m₹2m

₹84m

Dec 31 2022n/an/a

₹90m

Sep 30 2022n/an/a

₹83m

Jun 30 2022n/an/a

₹83m

Mar 31 2022₹2m₹2m

₹73m

Dec 31 2021n/an/a

₹68m

Sep 30 2021n/an/a

₹73m

Jun 30 2021n/an/a

₹86m

Mar 31 2021₹2m₹2m

₹61m

Dec 31 2020n/an/a

₹47m

Sep 30 2020n/an/a

₹36m

Jun 30 2020n/an/a

₹23m

Mar 31 2020₹2m₹2m

₹46m

Dec 31 2019n/an/a

₹41m

Sep 30 2019n/an/a

₹44m

Jun 30 2019n/an/a

₹45m

Mar 31 2019₹2m₹2m

₹50m

Dec 31 2018n/an/a

₹57m

Sep 30 2018n/an/a

₹55m

Jun 30 2018n/an/a

₹45m

Mar 31 2018₹2m₹2m

₹38m

Compensation vs Market: Rahul's total compensation ($USD28.81K) is below average for companies of similar size in the Indian market ($USD42.61K).

Compensation vs Earnings: Rahul's compensation has increased by more than 20% in the past year.

CEO

Rahul Parekh (52 yo)

22.3yrs

Tenure

₹2,432,400

Compensation

Mr. Rahul Jeetmal Parekh is Non-Executive Director of Mahalaxmi Fabric Mills Limited. He is Non-Executive-Non-Independent Director of Globale Tessile Limited from August 1, 2017. Mr. Parekh has been the Ma...

Board Members

NamePositionTenureCompensationOwnership
Rahul Parekh
MD & Executive Director33.2yrs₹2.43m17.93%
₹ 293.3m
Anand Parekh
Joint MD & Director16yrs₹2.43m16.06%
₹ 262.7m
Nehal Shah
Non-Executive Independent Director3.1yrsno datano data
Jeetmal Bhoorchand Parekh
Non-Executive Chairman31.3yrsno data13.37%
₹ 218.6m
Balveermal Singhvi
Non-Executive Independent Director3.6yrsno datano data
Sangita Shingi
Non-Executive Independent Director8.7yrsno datano data

12.3yrs

Average Tenure

53yo

Average Age

Experienced Board: MHLXMIRU's board of directors are seasoned and experienced ( 12.3 years average tenure).